Cryptocurrency Exchange FTX Launches NFT Marketplace

Joining the NFT bandwagon is none other than crypto exchange FTX.

According to an article in FTX,the NFT marketplace is available in main FTX exchange and FTX.US website.

The platform charges 5% for both buyer and seller for every trade.

Although its not offered in the United States,US traders can still view the list of current NFTs that is up for sale in the website.

One NFT listed in the marketplace is SBF Lunch,” which is redeemable for an in-person lunch or 30-minute Zoom call with FTX CEO Sam Bankman-Fried. The highest bid for the NFT at the time of writing is $110,000. The bidding for the NFT closes on June 17.

NFT buyers can hold their acquired NFTs in the FTX NFT Gallery and may soon have the option to withdraw it in their personal wallets.

FTX joins a lists of exchanges that recently launch its own NFT marketplace to take advantage of the growing non fungible token industry.

#SmartCrypto